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EU Parliament passes bill hiking renewable energy targets

European Union lawmakers gave their final approval on Tuesday to legally binding targets to expand renewable energy faster this decade, a central part of Europe's plans to curb climate change and shift away from fossil fuels.

read more... 13/09/2023

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BP commits to Germany with $11 billion low-carbon investment push

BP plans to invest up to 10 billion euros ($10.7 billion) in low-carbon fuels, renewables and EV charging in Germany by the end of the decade to rival local power firms, as competition over the energy transition of Europe's largest economy intensifies.

read more... 13/09/2023

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Offshore wind drops out of UK auction on costs, risking climate goals

Offshore wind developers stayed away from Britain's latest renewable energy auction on Friday, arguing the price offered by the government did not reflect rising industry costs, something which is hampering wind projects globally.

read more... 11/09/2023

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EU’s hydrogen economy struggles to pick up pace

Demand for renewable hydrogen in Europe is expected to hit 8.5 million tonnes by 2030, far below the EU’s planned 20 million tonnes, according to the industry, which calls for a shift in strategy to ramp up supply and demand.

read more... 07/09/2023

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Demand flexibility: a key challenge for EU electricity market reform

The massive development of intermittent renewable energies is set to dramatically increase the need for flexibility in the electricity grid, and market players want increased focus on demand management as a source of grid optimisation.

read more... 05/09/2023

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